Mark Casper Sells 5,000 Shares of Marvell Technology (NASDAQ:MRVL) Stock

Marvell Technology, Inc. (NASDAQ:MRVL) EVP Mark Casper sold 5,000 shares of the company’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $93.08, for a total transaction of $465,400.00. Following the completion of the sale, the executive vice president directly owned 19,418 shares in the company, valued at approximately $1,807,427.44. The trade was a 20.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Mark Casper also recently made the following trade(s):

• On Friday, December 5th, Mark Casper sold 1,253 shares of Marvell Technology stock. The shares were sold at an average price of $101.00, for a total transaction of $126,553.00.

Marvell Technology Price Performance

Shares of Marvell Technology stock opened at $83.45 on Friday. The stock has a market capitalization of $70.77 billion, a price-to-earnings ratio of 29.28, a P/E/G ratio of 0.82 and a beta of 1.95. The firm’s 50-day moving average price is $87.64 and its two-hundred day moving average price is $80.57. The company has a current ratio of 2.01, a quick ratio of 1.64 and a debt-to-equity ratio of 0.28. Marvell Technology, Inc. has a 1-year low of $47.08 and a 1-year high of $127.48.

Marvell Technology (NASDAQ:MRVL) last announced its earnings results on Tuesday, December 2nd. The semiconductor company reported $0.76 EPS for the quarter, topping the consensus estimate of $0.74 by $0.02. Marvell Technology had a return on equity of 13.15% and a net margin of 31.75%.The business had revenue of $2.07 billion for the quarter, compared to the consensus estimate of $2.06 billion. During the same period in the previous year, the business earned $0.43 EPS. Marvell Technology’s revenue was up 36.8% compared to the same quarter last year. Marvell Technology has set its Q4 2026 guidance at 0.740-0.840 EPS. On average, equities analysts predict that Marvell Technology, Inc. will post 0.91 earnings per share for the current fiscal year.

Marvell Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 29th. Investors of record on Friday, January 9th will be issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Friday, January 9th. Marvell Technology’s payout ratio is currently 8.42%.

Marvell Technology declared that its board has initiated a share buyback plan on Wednesday, September 24th that allows the company to repurchase $5.00 billion in shares. This repurchase authorization allows the semiconductor company to purchase up to 7.8% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s leadership believes its stock is undervalued.

Trending Headlines about Marvell Technology

Here are the key news stories impacting Marvell Technology this week:

• Positive Sentiment: Marvell agreed to acquire XConn (~$540M) to bolster AI‑data‑center connectivity — a strategic tuck‑in that expands its interconnect portfolio and supports longer‑term revenue capture in AI infrastructure. Read More.
• Positive Sentiment: Analysts and management are upbeat: Rosenblatt reaffirmed buy with a $120 PT, Melius upgraded to buy, and JPMorgan highlighted “on‑fire” AI bookings, reinforcing upside expectations for data‑center demand. Read More.
• Positive Sentiment: Longer‑form bullish pieces argue Marvell’s connectivity push (XConn, Celestial AI tie‑ups, CXL/UALink initiatives) validates the bull thesis for secular AI/data‑center growth. Read More.
• Neutral Sentiment: Valuation debate is mixed — some see recent weakness as a buying opportunity, others warn expectations for AI are high; this creates both dip‑buyers and cautious traders. Read More.
• Neutral Sentiment: Unusual put‑option volume has drawn attention; elevated put activity can indicate hedging or speculative positioning that increases near‑term volatility but doesn’t prove a change in fundamentals. Read More.
• Negative Sentiment: Some investors sold into the XConn announcement, producing short‑term downward pressure — concerns include integration risk, deal cost and potential near‑term dilution or margin impact. Read More.
• Negative Sentiment: An EVP disclosed a sale of 5,000 shares last week; while single insider sales aren’t definitive, they can reinforce negative sentiment among short‑term traders. Read More.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on MRVL shares. Melius raised shares of Marvell Technology from a “hold” rating to a “buy” rating and set a $135.00 target price for the company in a research note on Monday. Barclays lifted their target price on Marvell Technology from $80.00 to $105.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 3rd. KeyCorp raised their price target on Marvell Technology from $90.00 to $130.00 and gave the company an “overweight” rating in a report on Wednesday, December 3rd. Deutsche Bank Aktiengesellschaft upped their target price on shares of Marvell Technology from $90.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, December 3rd. Finally, Craig Hallum reiterated a “buy” rating and set a $141.00 price target on shares of Marvell Technology in a research report on Wednesday, December 3rd. Four research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and twelve have issued a Hold rating to the company’s stock. According to data from MarketBeat, Marvell Technology has a consensus rating of “Moderate Buy” and a consensus target price of $116.03.

Institutional Trading of Marvell Technology

A number of hedge funds have recently modified their holdings of the company. Game Plan Financial Advisors LLC bought a new stake in Marvell Technology in the second quarter valued at approximately $27,000. Atlantic Edge Private Wealth Management LLC boosted its position in shares of Marvell Technology by 160.0% during the third quarter. Atlantic Edge Private Wealth Management LLC now owns 325 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 200 shares in the last quarter. Kiker Wealth Management LLC grew its holdings in shares of Marvell Technology by 374.7% in the 2nd quarter. Kiker Wealth Management LLC now owns 356 shares of the semiconductor company’s stock valued at $28,000 after buying an additional 281 shares during the period. Nova Wealth Management Inc. increased its position in shares of Marvell Technology by 3,922.2% in the 3rd quarter. Nova Wealth Management Inc. now owns 362 shares of the semiconductor company’s stock valued at $30,000 after buying an additional 353 shares in the last quarter. Finally, Westside Investment Management Inc. raised its stake in Marvell Technology by 62.5% during the 2nd quarter. Westside Investment Management Inc. now owns 416 shares of the semiconductor company’s stock worth $32,000 after buying an additional 160 shares during the period. 83.51% of the stock is currently owned by institutional investors and hedge funds.

Marvell Technology Company Profile

Marvell Technology Group is a global semiconductor company that designs and develops integrated circuits and related software for data infrastructure, networking, storage and connectivity markets. The company’s product portfolio includes system-on-chip (SoC) solutions, Ethernet physical-layer transceivers (PHYs), switch and switch silicon, optical interconnect components, storage controllers, and security processors. Marvell’s technology is used to enable high-performance data centers, carrier networks, enterprise and cloud storage, as well as connectivity in automotive and industrial applications.

Founded in 1995 and headquartered in Santa Clara, California, Marvell has grown through both organic development and strategic acquisitions to broaden its capabilities across networking and data interconnect.